Penfed Personal Loans

NO ORIGINATION FEES. NEW RATES as low as 6.49%*

PenFed personal loans take the worry out of borrowing with
predictable payments that won't change over time.

COMPARE THE VALUE OF A PENFED PERSONAL LOAN FOR YOURSELF**

Lender Orig. Fee What You Get for $10,000 APR as low as
No Origination Fee
PenFed 0.00% $10,000 6.49%
Discover 0.00% $10,000 6.99%
Marcus 0.00% $10,000 6.99%
Options with Origination Fee
Best Egg 0.99-5.99% $9,401 - 9,901 5.99%
Lending Club 1.00-6.00% $9,400 - 9,900 6.16%
Prosper 2.41-5.00% $9,500 - 9,759 6.95%

FEATURES & BENEFITS

  • APR as low as 6.49%*
  • Terms up to 60 months
  • No origination fee

Your Needs - Your Way - No Origination Fees Attached!

Use your personal loan to meet your needs, no matter what they are.

Here's how you could use your loan:

  • Debt Consolidation
  • Home Improvement
  • Auto Repair
  • Travel and Vacation
APPLY NOW

Apply before becoming a member.

After your application, we’ll help you:

1. Discover you’re eligible to become a PenFed member

2. Open a Savings/Share Account and deposit at least $5

 

Immediate Access to Funds and No Hidden Fees

 

Your Personal Loan gives you immediate access to your funds so you can use them the way you need, without any hidden fees.

 

While other lenders may charge up to 6% for miscellaneous opening or closing costs, PenFed Credit Union Personal Loans have ZERO origination fees and no hidden costs!

 

Use our personal loan calculator and see for yourself

Personal Loan Calculator

LOWER RATES | NO ORIGINATION FEE

APR as low as* TERM LOAN AMOUNT APPROX. LOAN PMT.1
% 36 months $ - $
% 48 months $ - $
% 60 months $ - $

1Approx. payment on a $15,000 loan.

Details and Disclosures Print IconPrint

Rates and offers current as of and are subject to change.

*Your actual APR will be determined at the time of disbursement and will be based on your application and credit information. Not all applicants will qualify for the lowest rate. Rates quoted assume excellent borrower credit history.

Loan amount determines rate and term. All loans are subject to a minimum monthly payment of $50.

**Data sourced directly from each lender listed: www.bestegg.com, www.discover.com/personal-loans, https://www.lendingclub.com/loans/personal-loans, www.marcus.com/us/en/personal-loans, www.prosper.com/ and is current as of .

 

USE YOUR CREDIT UNION PERSONAL LOAN FOR:

 

home renovation icon

Home Renovation

Unexpected repairs and long overdue home improvement projects can test your patience. A personal loan may be just what you need. Apply today and get the funds you need. 

debt consolidation icon

Debt Consolidation

Feeling overwhelmed by multiple debt payments? With debt consolidation, you can combine unsecured debts into one loan with a lower interest rate.

travel and vacation icon

Travel and Vacation

If you're traveling for business or just need a great vacation, a personal loan can help. With low rates and no origination fees, you'll be able to plan your trip on your terms.

auto Repairs Icon

Auto Repairs

Unexpected car problems? Apply for a personal loan today. Our low rate personal loans help you get back behind the wheel so you can focus on what matters.